Global coal demand will reach a record high of 8.85 billion tons (+0.5% y/y) in 2025. However, it is expected to decline by 2030. This is stated in the December report of the International Energy Agency.
In January–October 2025, the European Union reduced its imports of direct reduced iron (DRI) by 23.8% y/y – to 1.72 million tons. Despite the overall decline, the structure of imports underwent significant…
Global steel production in November 2025 decreased by 4.6% compared to the same month in 2024, to 140.1 million tons. Compared to the previous month, the figure fell by 2.2%. This is evidenced by the…
Gold broke above $4,400 per ounce on Monday, while silver approached $70, as expectations of looser U.S. monetary policy and geopolitical tensions drove both metals to new record highs.
Copper inched up on Friday to move within $25 of the record high after another bullish forecast by Goldman Sachs highlighted mine supply constraints. Benchmark three-month copper on the London Metal Exchange…
American steel company Nucor has notified customers of another increase in the weekly spot price (CSP) for hot-rolled coil (HRC). For the current week (December 15-21), offers rose by $10/t or 1.1% compared…
At the end of the year, the global scrap metal market is shaped by seasonal supply reductions, mixed trends in the steel sector, and cautious purchasing policies among steelmakers, resulting in uneven…
Nippon Steel , Japan's biggest steelmaker, expects its annual global crude steel production capacity to rise to at least 100 million metric tons by mid-2030s from 82 million now, as it plans investment-driven…
Hot-rolled coil (HRC) prices in China are projected to fluctuate within a certain range this month, with upside potential in the shape of central government macro-economic meetings later this month buffering…
Baoshan Iron & Steel (Baosteel), a subsidiary of China Baowu Steel Group, is raising its list prices for hot-rolled carbon steel coil (HRC) for domestic sales in January 2026 by 100 yuan per ton ($14/t).…
The metal reached an all-time high of over $11,200/t earlier this year, lifted by expectations of future market tightness amid supply disruptions, US tariffs, China’s anti-involution policy, and a boom…
